The smallest unit of Bitcoin is called a "Satoshi" and is equal to 0.00000001 BTC. This unit is named after Satoshi Nakamoto, the pseudonymous creator(s) of Bitcoin. There are 100 million Satoshis in 1 Bitcoin. The term "Satoshi" allows pricing and accounting to be represented in smaller subdivisions than whole Bitcoins, similar to how dollars are divided into cents.
The smallest unit of Bitcoin is called a "Satoshi" and is equal to 0.00000001 BTC. This unit is named after Satoshi Nakamoto, the pseudonymous creator(s) of Bitcoin. There are 100 million Satoshis in 1 Bitcoin. The term "Satoshi" allows pricing and accounting to be represented in smaller subdivisions than whole Bitcoins, similar to how dollars are divided into cents.